LC for 30,60,90,or 120 days is called Usanse LC
United States of America National Stock Exchange
Letter of Credit payment
Discounting is a term used for the actual drawing/negotiation that takes place under an Lc (Letter of Credit). The credit conform (accepted) documents/draft are due for deferred payment and the presentor does not want to wait for its funds till maturity date. Whether the LC is transferable or not is of no importance here. The LC itself should be 'discountable' (it is safer to have this in special instructions of the LC terms). The discounting then depends on the parties concerned, and the price for discounting (discounting rate/Libor/Airbor+spread) and the willingness of the bank that should discount. Discount can be performed with or without recourse.
LC at Site typically refers to "Letter of Credit at Site," a financial instrument used in international trade. It ensures that payment is made to the seller upon presentation of specific documents at a designated location. This mechanism provides security for both buyers and sellers by guaranteeing that the funds are released only when contractual conditions are met. It is commonly utilized in transactions involving construction projects or large shipments.
Non-operative LC (Laparoscopic Cholecystectomy) refers to the management of gallbladder conditions without surgical intervention. This approach may include dietary modifications, medication to manage symptoms, or observation for asymptomatic gallstones. Non-operative strategies are typically employed when surgery poses higher risks or when patients prefer to avoid surgery. However, definitive treatment often involves surgical removal of the gallbladder when symptoms become problematic.
United States of America National Stock Exchange
LC stands for Lucent Connectors
what is lc opening?
lc = learning centre
An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
LC is Letter of credit
What do you mean by the term LC and when it is used
LC Perú was created in 1993.
Geely LC was created in 2009.
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
LC business be TAX EXEMPT NO NOT POSSIBLE FOR ANY TYPE OF LC BUSINESS TO BE TAX EXEMPT.
LC Smith